Anthropic IPO investors push for a $1.5 trillion to $1.6 trillion valuation, WSJ reports
Citing people familiar with the matter, the WSJ says institutional investors told Anthropic and its advisers the IPO planned for later this month should value it well below the roughly $2 trillion floated in recent months; Anthropic has not commented.
Why it matters
The report lands on the same day Anthropic's revised S-1A showed revenue soaring alongside expenses and nearly $900 billion in spending commitments, and after last week's rout in technology stocks. A valuation near $1.5 trillion would still make it one of the largest listings ever, but it would reset expectations that had drifted toward $2 trillion. Watch for the price range in the next filing and whether the company accepts the lower figure.
Key facts
- Proposed range: $1.5 trillion to $1.6 trillion
- Earlier figures: closer to $2 trillion
- Source: people familiar with the matter (WSJ)
- IPO planned for later this month